Western Alliance Bancorporation (NYSE:WAL) Price Target Raised to $105.00 at DA Davidson

Western Alliance Bancorporation (NYSE:WAL) had its price objective hoisted by DA Davidson from $104.00 to $105.00 in a report issued on Thursday morning,Benzinga reports. They currently have a buy rating on the financial services provider’s stock.

A number of other brokerages have also issued reports on WAL. UBS Group reissued a “buy” rating and issued a $107.00 target price on shares of Western Alliance Bancorporation in a research report on Tuesday, January 6th. Keefe, Bruyette & Woods lifted their price objective on Western Alliance Bancorporation from $98.00 to $101.00 and gave the company an “outperform” rating in a research note on Wednesday. Royal Bank Of Canada increased their target price on Western Alliance Bancorporation from $93.00 to $100.00 and gave the stock an “outperform” rating in a research note on Friday, October 10th. Truist Financial set a $98.00 target price on Western Alliance Bancorporation in a report on Friday, January 9th. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a $105.00 target price (up from $100.00) on shares of Western Alliance Bancorporation in a research report on Wednesday. Ten analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $103.60.

Western Alliance Bancorporation Stock Performance

NYSE:WAL opened at $90.06 on Thursday. The company’s 50-day moving average is $86.11 and its two-hundred day moving average is $83.75. Western Alliance Bancorporation has a 1-year low of $57.05 and a 1-year high of $93.81. The company has a debt-to-equity ratio of 0.83, a current ratio of 0.83 and a quick ratio of 0.80. The firm has a market capitalization of $9.91 billion, a price-to-earnings ratio of 10.32, a PEG ratio of 0.54 and a beta of 1.34.

Western Alliance Bancorporation (NYSE:WAL) last released its quarterly earnings results on Monday, January 26th. The financial services provider reported $2.59 EPS for the quarter, beating the consensus estimate of $2.40 by $0.19. Western Alliance Bancorporation had a net margin of 18.04% and a return on equity of 13.33%. The firm had revenue of $913.50 million for the quarter, compared to analyst estimates of $912.69 million. During the same quarter in the previous year, the company earned $1.95 EPS. The business’s revenue for the quarter was up 17.0% compared to the same quarter last year. Analysts forecast that Western Alliance Bancorporation will post 9.05 EPS for the current year.

Western Alliance Bancorporation Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 28th. Stockholders of record on Thursday, November 13th were paid a $0.42 dividend. This represents a $1.68 annualized dividend and a dividend yield of 1.9%. The ex-dividend date was Thursday, November 13th. This is a boost from Western Alliance Bancorporation’s previous quarterly dividend of $0.38. Western Alliance Bancorporation’s dividend payout ratio (DPR) is 19.24%.

Institutional Trading of Western Alliance Bancorporation

Several hedge funds have recently added to or reduced their stakes in the company. NewEdge Advisors LLC increased its position in shares of Western Alliance Bancorporation by 71.2% in the 1st quarter. NewEdge Advisors LLC now owns 7,815 shares of the financial services provider’s stock valued at $600,000 after purchasing an additional 3,249 shares during the last quarter. Jones Financial Companies Lllp increased its holdings in Western Alliance Bancorporation by 513.5% in the first quarter. Jones Financial Companies Lllp now owns 1,730 shares of the financial services provider’s stock valued at $133,000 after buying an additional 1,448 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in Western Alliance Bancorporation by 24.0% in the first quarter. Goldman Sachs Group Inc. now owns 111,883 shares of the financial services provider’s stock valued at $8,596,000 after buying an additional 21,642 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Western Alliance Bancorporation by 11.3% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 347,529 shares of the financial services provider’s stock worth $26,701,000 after buying an additional 35,276 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its holdings in Western Alliance Bancorporation by 17.8% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 3,842 shares of the financial services provider’s stock worth $327,000 after buying an additional 580 shares during the last quarter. Institutional investors and hedge funds own 79.15% of the company’s stock.

Key Western Alliance Bancorporation News

Here are the key news stories impacting Western Alliance Bancorporation this week:

• Positive Sentiment: Jefferies raised its price target to $110 and kept a “buy” rating, implying ~22% upside from current levels — a bullish analyst call supporting the rally. Article Title Article Title
• Positive Sentiment: DA Davidson bumped its target to $105 and reiterated a “buy” rating, adding to buy‑side momentum after WAL’s Q4 beat. Article Title
• Positive Sentiment: Keefe, Bruyette & Woods lifted its target to $101 and kept an “outperform” view, another upgrade that reinforces the positive analyst sentiment. Article Title Article Title
• Positive Sentiment: Company Q4 detail: management reported record loan and deposit growth and rising fee income that helped drive revenue momentum — these fundamentals support the analyst upgrades. Article Title Article Title
• Neutral Sentiment: JPMorgan reportedly reaffirmed a “neutral” stance while nudging its price target up to $105 (from $100), which is essentially a mixed signal — price target higher but no upgrade in conviction. Article Title
• Negative Sentiment: Separate JPMorgan notes flagged concerns about rising earnings‑credit rates and higher deposit costs, leading to downgrade/negative coverage in some reports; this highlights margin pressure and keeps downside risk for WAL. Article Title

About Western Alliance Bancorporation

Western Alliance Bancorporation is a bank holding company headquartered in Phoenix, Arizona. Through its principal subsidiary, Western Alliance Bank, the company provides a range of banking services to commercial clients, entrepreneurs and real estate developers. As one of the largest regional banks in the western United States, it focuses on relationship-driven banking solutions tailored to niche industries and growing businesses.

The company’s core offerings include deposit products, treasury management and a variety of lending services.